Wallingford’s Amphenol Corp. finalized its $1.28 billion buyout of a rival Singapore maker of electronic cabling and connectors for digital devices and equipment.
Amphenol announced last June its deal to acquire FCI Asia Pte Ltd., its largest to date that adds more technological capabilities and product offerings involving high-speed, input-output, power and miniaturized interconnect products.
Amphenol President/CEO R. Adam Norwitt said the FCI acquisition is expected to contribute to its new parent’s bottom line in 2016, excluding acquisition-related costs.
Previously owned by affiliates of Bain Capital, FCI has 7,400 employees worldwide and expected 2015 sales of approximately $600 million.
Amphenol had 59,700 employees in 2014 and $5.35 billion in net sales.
